Monday Morning Analysis

The cryptocurrency market is unpredictable, with volatility being both a test and an opportunity. After a pullback early yesterday morning, Bitcoin rebounded to around 117200 after hitting a low of 116370. Ethereum rebounded after touching the support level of 3680.

From a technical perspective, Bitcoin's 4-hour chart shows signs of bottoming out, with the lower Bollinger Band being tested. This morning still looks bullish.

It is recommended to go long on Bitcoin around 117000-116500, with a target of 118500—119500. $BTC #BTC☀